Elder Abuse and Financial Scams: Legal Protections and What Families Should Know

At Barr Law, PLLC, we are committed to protecting Texas’s most vulnerable residents. In our fiduciary and guardianship practice, we frequently encounter devastating cases of elder abuse and financial exploitation, often involving people who were trusted to act in the best interests of the elderly.

Whether it is abuse by a caregiver, misuse of authority under a power of attorney, or mismanagement by a court-appointed fiduciary, these situations can cause lasting harm. Many families discover signs of exploitation too late—after assets have been depleted or their loved one’s safety has been compromised.

In this article, we share what elder abuse looks like, how financial scams and fiduciary misconduct occur, and what legal remedies are available to protect your loved ones.

What Is Elder Abuse?

Types of elder abuse include:

  • Physical abuse, such as hitting, restraining, or neglecting the elder’s basic needs
  • Emotional abuse, including threats, humiliation, or isolation
  • Financial abuse, which involves the improper or illegal use of the elder’s assets


At Barr Law, we often address the legal and financial dimensions of elder abuse, especially where fiduciary duties are being violated.

Fiduciary Misconduct: Breaches of Legal Duty

A fiduciary is someone legally appointed or entrusted to manage another person’s property or affairs. This includes:

  • Individuals acting under a power of attorney
  • Court-appointed guardians
  • Trustees
  • Executors and administrators of estates


Fiduciaries are bound by duties of loyalty, prudence, good faith, and full transparency. They must act solely in the best interest of the individual or estate they serve and avoid any conflict of interest.

When fiduciaries:

  • Co-mingle funds
  • Make unexplained withdrawals
  • Fail to file inventories or accountings or fail to disclosure material facts
  • Pressure an elder to change legal documents


…they may be in breach of their legal obligations and subject to court intervention.

In Texas, court-appointed fiduciaries are held to strict oversight. They may be required to file inventories, annual accountings, or status reports. If they fail to perform their duties or mismanage assets, the court may order their removal, award damages against the fiduciary personally, or take action to recover estate losses. In some cases, fiduciary bonds may be used to compensate for damages caused by misconduct.

Financial Scams That Target the Elderly

Beyond fiduciary breaches, elders are frequently targeted by external scams. These scams are increasingly sophisticated and may include:

  • Impersonation of government agencies like the IRS or Social Security or Sheriff’s Department
  • Romance or companionship scams
  • Fake tech support or bank calls
  • Lottery and sweepstakes schemes
  • Online phishing for financial information


These schemes often exploit an elder’s trust, fear, or confusion, leading to substantial financial loss. Family members, guardians, and fiduciaries must stay alert to behavioral or financial red flags, including:

  • Sudden transfers or changes to accounts
  • Isolation from family or friends
  • New “advisors” or companions with access to funds

Legal Tools to Prevent Elder Abuse and Financial Exploitation

There are multiple legal strategies that can reduce the risk of abuse and ensure accountability, including:

  • Powers of attorney with oversight provisions
  • Trusts with dual trustees or trust protectors
  • Court-supervised guardianship when appropriate
  • Accountings and audits required by statute or order
  • Multiple signers or financial controls on high-value accounts


Preventive planning helps minimize risk and ensures transparency, particularly for aging individuals with significant assets or complex medical needs.

What to Do If You Suspect Abuse or Fiduciary Misconduct

If you believe a loved one is being financially exploited, do not wait. It is critical to:

  • Document suspicious transactions or behavior
  • Gather relevant financial and legal documents
  • Speak with an attorney about your concerns
  • Report to Law Enforcement or applicable state agencies


At Barr Law, PLLC, we represent family members, beneficiaries, and guardians in matters involving:

  • Fiduciary misconduct and breach of duty
  • Contested guardianship proceedings
  • Court petitions for removal of fiduciaries
  • Recovery of misappropriated assets
  • Establishing safeguards for vulnerable loved ones


We also assist fiduciaries in fulfilling their legal responsibilities and navigating court requirements with confidence and integrity.

Barr Law, PLLC: Your Legal Advocate for Fiduciary and Guardianship Matters

If you are dealing with the possibility of elder abuse or financial exploitation, we are here to help. Whether you are protecting a parent, navigating guardianship, or concerned about a fiduciary’s conduct, you do not have to do it alone.